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$SOL has finally reached the Fibonacci support zone we've been tracking on the daily chart.

Since November, the broader view has been a corrective rally Wave 4, which may eventually give way to another leg down toward the $81.50 area. This was always the target for the C-wave decline, and price has now essentially tagged it.
🟠 Two Possible Counts
Looking at the structure, there are two main interpretations:

Orange Count: The drop from the 2025 high completed a clean ABC, marking the end of a larger wave (iv).
White Count: Just wave A of a bigger corrective pattern. Currently, this scenario aligns better with the broader market context.
This suggests a potential bounce from current levels, even if support extends lower toward $62. Any upside would likely be corrective (ABC) rather than a full impulsive trend.
📊 Short-Term Outlook
A retest of the January high near $150 is still possible over the next few months, but no confirmed bottom is in place

Initial bounce off the February low produced a three-wave move
Potential 1–2 setup is brewing but unconfirmed
Price clearing $88, then $91.30, may signal a sustained push higher
Traders should watch the key levels closely and manage risk.
💬 Key Takeaways:
$SOL is at critical Fibonacci support
Corrective patterns dominate; impulsive trend not confirmed
Watch $88–$91.30 for early bullish signal
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#StrategyBTCPurchase #PredictionMarketsCFTCBacking #PredictionMarketsCFTCBacking #WriteToEarnUpgrade #BTCVSGOLD
{spot}(SOLUSDT)

$USD1
{spot}(USD1USDT)
U.S. Dollar Market Movements

U.S. dollar may stabilize after months of decline — Analysts see potential near-term rebound as economic and political factors shift, including growth prospects and policy expectations.

U.S. Dollar Index (DXY) edges higher ahead of Fed minutes, trading slightly up as markets await key Federal Open Market Committee meeting details.

Dollar is maintaining rebound but still lacks strong momentum, with traders watching upcoming economic data and technical indicators.

Investor sentiment remains mixed — A Bank of America survey shows many fund managers anticipate dollar weakness under new Federal Reserve leadership, signaling caution about the outlook.

💱 Exchange Rates & Global Impact

U.S. dollar exchange rate up in Iraq — Local data show a modest rise in the USD vs. Iraqi dinar in Baghdad and Erbil.

📊 Why It Matters
These dollar moves reflect:

Market reactions to Fed policy expectations (minutes and upcoming inflation data)

Shifts in global risk sentiment

Investor positioning and macroeconomic indicators

If you want today’s exact USD/INR exchange rate or the latest from currency markets relevant to India, just ask!